JMS Foundation Inc
JMS Foundation Inc is a private foundation focused on religion, based in Massapequa, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 6 grants totaling $122K. Net investment income was $40K.
JMS Foundation Inc at a glance
In short: JMS Foundation Inc gave $122K across 6 grants in 2024 (avg $20K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $122,221
- +17.8% vs 2023
- Grants made (2024)
- 6
- -14.3% vs 2023
- Average grant
- $20,370
- +37.4% vs 2023
- Median grant
- $14,910
- Total assets
- $2,986,676
- +1.8% vs 2023
- Primary geography
- New York (77% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who JMS Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Notre Dame Regional HS ($28K). Together the top 3 received $57K.
Organizations only. It also paid 3 individual scholarships ($64,901), which are not listed by name.
Grant Size Distribution
37 grants across all recorded years
The most common grant size was under $50K: 35 grants of 37 (95%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How JMS Foundation Inc gives
- Giving fell 25% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $100K (2022) to $172K (2020). In 2024 it made 6 grants totaling $122K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 3 individual scholarships Recipients not named | — | $64,901 |
| Notre Dame Regional HS Cape Girardeau, MO | To Pay Tuition | $27,500 |
| Chaminde High School Mineola, NY | To Pay Tuition | $16,820 |
| Franciscan Brothers of Brooklyn Brooklyn, NY | Financial Assistanceto Retiredreligious Brothers | $13,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $2,986,676 | $275,931 | $221,759 | $122,221 | 6 | $168,106 | $40,182 |
| 2023 | $2,932,665 | $277,490 | $212,810 | $103,765 | 7 | $162,978 | $13,295 |
| 2022 | $2,869,398 | $-386,396 | $199,746 | $100,191 | 7 | $150,257 | $45,017 |
| 2021 | $3,454,127 | $48,734 | $261,355 | $162,414 | 9 | $39,000 | $27,134 |
| 2020 | $3,315,459 | $39,321 | $270,746 | $171,745 | 8 | — | $16,319 |
Leadership & Key People
Officers and directors from IRS filings
JMS Foundation Inc is led by Richard Pelosi, President on every filing since 2020; 1 of 2 officers listed in 2024 is compensated.
Officers on the 2024 filing
Richard Pelosi
President
On filings since 2020
40 hrs/week
$75K (2020) → $75K (2024)
Walter Cook
Treasurer & Secretary
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $75K, to Richard Pelosi (President).
Frequently asked questions about JMS Foundation Inc
How much does JMS Foundation Inc give each year?
JMS Foundation Inc gave $122K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $104K across 7 grants.
What is JMS Foundation Inc's typical grant size?
JMS Foundation Inc's median grant in 2024 was $14,910, and its average grant was $20,370, across 6 grants on its 2024 IRS Form 990-PF.
Where does JMS Foundation Inc give grants?
JMS Foundation Inc gives mostly in New York: 77% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Missouri (23%).
Does JMS Foundation Inc give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on JMS Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Pay Tuition" (5 grants).
Who are JMS Foundation Inc's largest grantees?
JMS Foundation Inc's largest 2024 grantees include Notre Dame Regional HS ($27,500), Chaminde High School ($16,820) and Franciscan Brothers of Brooklyn ($13,000), according to its 2024 IRS Form 990-PF. It also paid 3 individual scholarships ($64,901), which are not listed by name. Together they received 47% of its itemized 2024 grant dollars.
How large is JMS Foundation Inc?
JMS Foundation Inc reported $3.0M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $276K.
What is JMS Foundation Inc?
JMS Foundation Inc is a private foundation focused on religion, based in Massapequa, NY. It holds $3.0M in total assets as of 2024.
What is JMS Foundation Inc's EIN?
JMS Foundation Inc's EIN (Employer Identification Number) is 06-1507500. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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